ALLOCATED LOAN definition

ALLOCATED LOAN. AMOUNT shall mean, with respect to (i) the Grand Wailea Property, $104,098,360.66, (ii) the La Quinta Property, $62,295,081.97, (iii) the Doral Property, $21,311,475.40, (iv) the Claremont Property, $8,196,721.31, and (iv) the Biltmore Property, $54,098,360.66. ANTICIPATED FUNDING DATE shall mean March 31, 2006.
ALLOCATED LOAN means the portion of the Share Block Company’s loan obligation, which is allocated to each Share Block, as determined in accordance with the Share Block Control Act, Act No 59 of 1980 and the Share Block Company’s memorandum of incorporation, as amended;
ALLOCATED LOAN means all claims on loan account howsoever arising against the COMPANY in favour of the relevant MEMBER including any amount advanced by the MEMBER from time to time to the COMPANY, with the approval of the MEMBERS by way of a Special Resolution in terms of Section 14 of the ACT to enable it to liquidate or reduce a LOAN OBLIGATION incurred by the COMPANY.

Examples of ALLOCATED LOAN in a sentence

  • The Shareholder shall not be entitled to cede or otherwise transfer or alienate his right, title and interest in any such amounts or any part thereof without the Company’s prior written consent excepting together with an alienation by the Shareholder of this shareholding in the Company, his Allocated Loan and his rights in terms of this Agreement.

  • Borrowers shall pay to Administrative Agent, for the account of Lenders, an amount equal to 100% of the Allocated Loan Amount for the applicable Project, plus any applicable Prepayment Premium.

  • Xxxxxxxx, Xx. Assistant Vice President <PAGE> EXHIBIT A --------- Allocated Loan Amounts ---------------------- (See Attached) <PAGE> EXHIBIT B --------- Capital Expense Reserve Monthly Payments ---------------------------------------- 1.

  • In spite of the Company’s lien on the Shareholder’s shares, no shares shall be sold or otherwise alienated, unless at the same time and as part of the same indivisible transaction the Shareholder’s rights and obligations in respect of the Allocated Loan and Use and Occupation Agreement are sold or alienated and vice versa.

  • The Allocated Loan Amount with respect to each Individual Property does not exceed the Tax Fair Market Value of such Individual Property.

  • The Member shall not be entitled to cede or otherwise transfer or alienate his right, title and interest in any such amounts or any part thereof without the Company’s prior written consent excepting together with an alienation by the Member of this shareholding in the Company, his Allocated Loan and his rights in terms of this agreement.

  • The Shareholder shall not be entitled to cede or otherwise transfer or alienate his right, title and interest in any such amounts or any part thereof without the Company’s prior written consent excepting together with an alienation by the Shareholder of this shareholding in the Company, his Allocated Loan and his rights in terms of this agreement.

  • Following any prepayment made as described in this Section 2.4.3, the Allocated Loan Amount for the affected Individual Property, as set forth in this Agreement, shall be reduced in an amount equal to such prepayment.

  • Any and all sums received by Lender under the Note, this Security Instrument, and the other Loan Documents shall be applied to the Debt in such order and priority as Lender shall determine, in its sole discretion, without regard to the Allocated Loan Amount for the Property or any other Individual Property or the appraised value of the Property or any Individual Property.

  • Despite the Company’s lien on the Member’s shares, no shares shall be sold or otherwise alienated, unless at the same time and as part of the same indivisible transaction, the Member’s rights and obligations in respect of the Loan Obligation Allocated Loan and Use Agreement are sold or alienated and vice versa.


More Definitions of ALLOCATED LOAN

ALLOCATED LOAN means that portion of the Company's total loan obligation which has been allocated between all members of the Company in terms of the Articles;
ALLOCATED LOAN. Amount" - $7,000,000 with respect to the Timarron Property; $6,500,000 with respect to the Crow Canyon Property; $6,500,000 with respect to the Northwood Property; and $10,000,000 with respect to the Treesdale Property.

Related to ALLOCATED LOAN

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

  • Syndicated Loan means a Loan made by a Lender pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Syndicated Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.

  • Liquidated Loan A Mortgage Loan with respect to which the related Mortgaged Property has been acquired, liquidated or foreclosed and with respect to which the applicable Servicer determines that all Liquidation Proceeds which it expects to recover have been recovered.

  • Reallocated Principal Collections means, with respect to any --------------------------------- Monthly Period, the product of (a) the Principal Allocation Percentage with respect to such Monthly Period, (b) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for such Monthly Period and (c) the sum of the Class B Floating Percentage and the Collateral Floating Percentage with respect to such Monthly Period.

  • Affected Loan has the meaning specified in Section 3.04.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Precomputed Loan means any Loan under which the portion of a payment allocable to earned interest (which may be referred to in the related Loan as an add-on finance charge) and the portion allocable to principal are determined according to the sum of periodic balances, the sum of monthly payments or any equivalent method or are monthly actuarial loans.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Corrected Loan Any Serviced Loan that had been a Specially Serviced Loan but has ceased to be such in accordance with the definition of “Specially Serviced Loan” (other than by reason of a Liquidation Event occurring in respect of such Serviced Loan or a related Mortgaged Property becoming an REO Property).

  • Reallocated Class B Principal Collections shall have the meaning ----------------------------------------- specified in subsection 4.14(b) of the Agreement.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Defaulted Loan shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Affected Loans as defined in Section 2.18(b).

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales or dispositions attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees, prepayment fees or other amounts received in respect of Loan Assets.

  • Tax-Related Losses means (i) all U.S. federal, state, local and foreign income taxes (including interest and penalties thereon) imposed pursuant to any settlement, final determination, judgment or otherwise, and (ii) all legal, accounting and other professional fees and court costs incurred in connection with such taxes.